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In a confidential report titled "China Luxury Market study 2010" in November 2010, the management consulting firm Bain & Company noted the top three luxury brands in China are []], Chanel, and Gucci. According to the report, watches and bags led to the growth of the luxury market in 2010.
LONDON — As China’s major commercial property developers release their 2020 full-year and interim results, a post-pandemic luxury retail heatmap begins to emerge. In mainland China, with ...
Bain estimates that China’s personal luxury market will drop by 22% in 2024, compared to a 3% increase in Europe. Lieou, who spoke to Fortune before the earnings release, said he was aware of ...
China will consume half the global market value of luxury goods. [20] [21] Consolidation: Consolidation involves the growth of big companies and ownership of brands across many segments of luxury products. Examples include Kering, LVMH, and Richemont, which dominate the market in areas ranging from luxury drinks to fashion and cosmetics. [22]
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
"This chart shows US 10-year Treasury yields are creeping towards 5%. Markets are spooked by the 5% level on 10-years because it is the outer limit of an entire generation’s (20 years ...
This is among the topics analyzed by the 20th edition of the “Luxury Goods Worldwide Market Study” conducted by consulting firm Bain & Company in collaboration with Italian luxury goods ...
This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person taking into account the changing population of the country. List of countries by GNI per capita growth measures changes in gross national income per capita.